Tuesday, 5 May 2015

When Tesla CEO Elon Musk unveiled his company’s new battery division last week, he hailed the beginning of a “complete transformation of the entire energy infrastructure of the world.”In reality, Tesla is joining a crowded field of companies already invested in on-site energy storage, and experts are split on just how much those systems will impact the energy market.Beginning this summer, Tesla Energy will sell at-home battery systems at a starting price tag of $3,000. The debut press conference featured Musk heralding a dramatic step forward in the ability of homeowners to store energy generated from potentially fickle renewable sources — namely, rooftop solar panels.